Published on August 25th, 2011 | by Important Media Cross-Post1
Peer-to-Peer Car Sharing Program RelayRides Attracts Big Investors
I’ve become a real fan of the peer-to-peer car sharing concept, and may even have to try it if a service ever becomes available here (because my car’s often just parked… why not make a little off of it). Still, I wondered if the business model itself would catch on, as some of the same liabilities we saw crop up with Airbnb would also apply here.
Apparently, some venture capital firms think those risks can be managed, as they’re putting money into one of the early start-ups in the space. I’ll let Beth Buczynski of sister site Insteading take it from here…